& cplSiteName &

Euronews: Austria Braced for Slim Bid

Paul Rainford
1/30/2014
50%
50%

Also in today's EMEA regional roundup: Ericsson keeps investors happy; TeliaSonera falls short; BSkyB counts cost of soccer content war.

  • Could the formation of a new government in Austria last month pave the way for Mexico's Carlos Slim to begin a bid for majority control of the country's incumbent operator? That's the prediction being made in this Reuters report, which points out that a bid for Telekom Austria AG (NYSE: TKA; Vienna: TKA) would make sense for Slim following his failed attempt to take control of KPN Telecom NV (NYSE: KPN) in the Netherlands. Currently Slim holds a 27% stake in Telekom Austria, while the government's stake is slightly higher. (See Euronews: Slim Abandons KPN Bid.)

  • Ericsson AB (Nasdaq: ERIC) has produced a solid set of fourth-quarter results that have pleased investors, sending the vendor's share price up 2.8% to SEK79.55 in Thursday morning trading. Fourth-quarter sales inched up to 67 billion Swedish kronor (US$10.3 billion), from SEK66.9 billion ($10.3 billion) a year earlier, though net income for the quarter was down 6.3% at SEK6.4 billion ($985 million). However, Ericsson has lost its "king of the vendors" crown to Huawei Technologies Co. Ltd. -- over the whole of 2013 Ericsson racked up just shy of $35 billion in sales, while its Chinese rival generated nearly $40 billion.

  • Elsewhere on the Nordic front, Swedish operator Telia Company fell short of some analysts' expectations with its fourth-quarter financials, reports Reuters. EBITDA (earnings before interest, tax, depreciation and amortization) dropped to SEK8.73 billion ($1.34 billion) from SEK9.0 billion ($1.38 billion) a year ago, as close-to-home markets failed to keep up with growth in TeliaSonera's more distant units in Eurasia and elsewhere.

  • UK satellite broadcaster Sky (NYSE, London: SKY) saw half-year pre-tax profits fall 18% to £527 million ($869 million) as it dug deep in its coffers to secure a three-year deal to show Premier League soccer matches in the face of fierce competition from BT Group plc (NYSE: BT; London: BTA), reports The Guardian. BT has been flexing its considerable financial muscle to grab a slice of the paid-for sports content action, which BSkyB has more or less dominated in recent years.

  • Norwegian group Telenor ASA (Nasdaq: TELN) has been awarded a mobile license in Myanmar, covering spectrum in the 900MHz and 2.1GHz bands and valid for 15 years. Also formally accepting a license is Middle Eastern operator Ooredoo -- see happy snap below. Myanmar has a population of 60 million, fewer than a tenth of which currently have access to mobile services. (See Telenor Awarded License in Myanmar and Myanmar Spectrum Stampede Underway.)

    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...
    His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani (wow!), Ooredoo Group chairman, formally accepts an operating license on behalf of Ooredoo Myanmar from Khin Maung Thet (left), director general of PTD. Lovin' the curtains...

  • Infracom Italia has migrated its three former TDM and VoIP networks into a single all-IP affair courtesy of Metaswitch Networks . (See Metaswitch Gets an Italian Job.)

  • The UK's Office of Fair Trading is going after purveyors of mobile gaming apps that promote in-app purchases to the young and/or the gullible, reports the BBC. The move comes in the wake of disquiet over "bill shock" experienced by many parents of children who had been persuaded to splash out mum and dad's hard-earned cash on "power-ups" and "in-game currency." Whatever they are.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    From The Founder
    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
    Flash Poll
    Live Streaming Video
    Charting the CSP's Future
    Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
    LRTV Interviews
    Heavy Reading: The Web-Scale View

    1|18|17   |     |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's former chief analyst Patrick Donegan shared insight from the recent web-scale operators report, which featured research on how web-scale operators view the market, the best web-scale companies to ...
    LRTV Custom TV
    Cisco's Cloud Scale Networking: Automation, Virtualization & Simplification

    1|18|17   |     |   (0) comments


    Cisco's Sanjeev Mervana outlines the latest innovations in networking technology at CES 2017 in Las Vegas.
    LRTV Custom TV
    ADVA Talks Innovation & the Future of Networking

    1|17|17   |     |   (0) comments


    Ray Le Maistre and Christoph Glingener, CTO of ADVA Optical Networking, discuss the current state of the industry, cooperation and collaboration, open innovation and the future of networking.
    LRTV Custom TV
    Cisco's Infinite Video Platform

    1|17|17   |     |   (0) comments


    Cisco's Infinite Video Platform allows service providers to deliver broadcast-quality video over IP networks. Infinite video supports many devices, from 4K TVs to tablets to game consoles. Join Cisco's Rajeev Raman for a brief tour and live demo.
    LRTV Interviews
    Masergy: Ability to Adapt Key for NFV

    1|16|17   |   6:40   |   (0) comments


    Speaking at Light Reading's 2020 Vision in Rome, Masergy's VP, Global Technology, Ray Watson, said agility is key to providing the mix and match NFV-based services that are driving business for the managed service provider today.
    LRTV Interviews
    Equinix: The Data Explosion

    1|13|17   |   4:16   |   (0) comments


    At Light Reading's 2020 Vision in Rome, Eric Schwartz, president of EMEA, Equinix, talked about how Equinix is helping its customers manage the influx of data today, and how it's preparing for a future filled with millions of connected IoT devices.
    LRTV Interviews
    Heavy Reading: The Changing Data Center Landscape

    1|12|17   |   6:05   |   (1) comment


    At Light Reading's 2020 Vision event in Rome, Heavy Reading's Senior Analyst Roz Roseboro talks about how virtualization is impacting data center evolution and how that evolution is affecting the relationship between service providers, data center operators and public cloud providers.
    LRTV Interviews
    Boingo: Prepping for Millions of Devices

    1|12|17   |   5:07   |   (1) comment


    At Light Reading's 2020 Vision in Rome, Boingo's CTO Derek Peterson discusses how wireless operators will address the needs of low-bandwidth and high-bandwidth apps at the same time, the need for more MHz, the impact of IoT and more.
    LRTV Interviews
    Comcast Shows Off Gig Gateway at CES

    1|11|17   |     |   (1) comment


    With its largest presence at CES in years, Comcast took the wraps off its long-awaited gigabit gateway and a new platform for managing the home WiFi network. Light Reading Senior Editor Mari Silbey sat down with EVP Chris Satchell to discuss the latest Comcast advance, and met with VP of Product Strategy and Development Andrea Peiro to walk through a demo of the ...
    LRTV Interviews
    Colt: End-to-End Key for 2017

    1|10|17   |   6:21   |   (0) comments


    At Light Reading's 2020 Vision Executive Summit in Rome, Nico Fischbach of Colt said having a multi-carrier, end-to-end service proposition is going to be key for 2017 -- and SD-WAN is instrumental in making it happen.
    From the Founder
    Cisco's Clemson on Mobile Cloud Video

    1|9|17   |     |   (1) comment


    Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators. "If you think about where we're going… whether it's a mobile application, or a video ...
    LRTV Custom TV
    VMware Telco NFV Solutions – Preparing for 5G & IOT

    1|9|17   |     |   (0) comments


    Shekar Ayyar, EVP & Corporate Strategy/General Manager of Telco for VMware, discusses VMware's Telco NFV solutions role and foundation for the Imminent Arrival of 5G & IOT.
    Upcoming Live Events
    May 15-17, 2017, Austin Convention Center, Austin, TX
    All Upcoming Live Events
    Infographics
    Hot Topics
    A Women in Comms Glossary
    Sarah Thomas, Director, Women in Comms, 1/18/2017
    Next Plugfest Gets G.fast Closer to Market
    Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 1/13/2017
    TV's Paradox: No HDR Without 4K
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Nokia CTO: 2017 Is the Year 5G Gets in the Field
    Dan Jones, Mobile Editor, 1/19/2017
    Cable Has One Thing Verizon Needs
    Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
    Like Us on Facebook
    Twitter Feed
    BETWEEN THE CEOs - Executive Interviews
    Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
    Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
    Animals with Phones
    Live Digital Audio

    Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.